68765 Osmond, NE is a rural town located in Madison County. It is known for its low cost of living and friendly community. The average rent for a two-bedroom apartment here is only $820 which is significantly lower than the national average of $1,430. Grocery costs are also very economical in the area with an index of 94 compared to 100 nationally.
The area has several local businesses that contribute to its economy such as Prairie Lumber Company, Storm Lake Trucking Inc., and the Fosters Hotel & Lounge. The local church, St Peter Lutheran Church, is also an important foundation in the community. Residents enjoy the peaceful surroundings while taking advantage of the many activities offered here like golfing at Osmond Country Club or hiking at nearby Swan Creek State Recreation Area.
Osmond (zip 68765) has an unemployment rate of 3.1%. The US average is 6.0%.
Osmond (zip 68765) has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.
Tax Rates for Osmond (zip 68765)
- The Sales Tax Rate for Osmond (zip 68765) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Osmond (zip 68765) is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Osmond (zip 68765)
- The average income of a Osmond (zip 68765) resident is $26,920 a year. The US average is $28,555 a year.
- The Median household income of a Osmond (zip 68765) resident is $67,614 a year. The US average is $69,021 a year.